Cheniere Energy Inc (LNG): Meg Gentle , Executive VP – Marketing of Cheniere Energy Inc sold 300,000 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $35.40 per share for a total value of $1062012 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 16, 2016, Jack A Fusco (CEO) purchased 28,231 shares at $32.97 per share price.On May 18, 2016, Greg W. Rayford (Sr. VP and General Counsel) sold 10,000 shares at $35.04 per share price.Also, On Dec 23, 2015, Vicky A Bailey (director) sold 15,997 shares at $35.92 per share price.On Dec 22, 2015, Carl C Icahn (10% owner) purchased 2,500 shares at $35.88 per share price.
Shares of Cheniere Energy (LNG) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -2.87 points or -7.62% at $34.8 with 50,27,499 shares getting traded. Post opening the session at $35.09, the shares hit an intraday low of $34.37 and an intraday high of $36.67 and the price vacillated in this range throughout the day. The company has a market cap of $8,196 M and the number of outstanding shares has been calculated to be 23,55,03,060 shares. The 52-week high of Cheniere Energy is $73.41 and the 52-week low is $22.8.
Company has been under the radar of several Street Analysts.Cheniere Energy is Upgraded by Scotia Howard Weil to Sector Outperform and the brokerage firm has set the Price Target at $52. Earlier the firm had a rating of Sector Perform on the company shares. The Rating was issued on Jun 14, 2016.Cheniere Energy is Initiated by Bernstein to Mkt Perform and the brokerage firm has set the Price Target at $38. The Rating was issued on May 11, 2016.
Cheniere Energy Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners L.P. (Cheniere Partners) which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings LLC (Cheniere Holdings) which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish Louisiana and the Corpus Christi LNG terminal near Corpus Christi Texas.